Shares of MDA Ltd. (OTC:MDALF – Get Free Report) shot up 0.4% on Tuesday . The stock traded as high as C$10.86 and last traded at C$10.79. 18,188 shares traded hands during trading, an increase of 60% from the average session volume of 11,338 shares. The stock had previously closed at C$10.74.
MDA Price Performance
The firm has a 50-day moving average price of C$10.00 and a two-hundred day moving average price of C$9.02.
About MDA
MDA Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for its satellite RADARSAT-2; and distributes high resolution optical imagery, satellite-based automatic identification system data, and radio-frequency data for other third-party missions.
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